Lee Ufan Work Sells for $609,600 to Deliver a 5% Annualized Return

Lee Ufan Work Sells for $609,600 to Deliver a 5% Annualized Return

3 min read  ·  19 Nov 2025

From Line No. 780231. Image courtesy of Sotheby's

From Line No. 780231. Image courtesy of Sotheby's

Lee Ufan, From Line No. 780231 (1978) sold for $609,600, more than one and a half times the low estimate at Sotheby's in New York on November 19.

The sale beat the previous auction result for this work by $266,800, equivalent to an annualized return of 5%. It last sold at auction in 2015 for $342,800 at Christie's.

Oil and mineral pigment on canvas, 72.4 x 91.4cm. The work has been traded 4 times in the past.

Sale Date
Price
Price Increase
Venue
City
November 19, 2025
$609,600
78 %
Sotheby's
New York
March 26, 2015
$342,800
10 %
Christie's
London
June 07, 2014
$312,300
-
Mainichi Auction Inc.
Tokyo

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